Enzi Wealth Raises Stock Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Enzi Wealth grew its holdings in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 141,134 shares of the company’s stock after acquiring an additional 4,124 shares during the quarter. iShares MSCI USA Min Vol Factor ETF accounts for approximately 4.9% of Enzi Wealth’s holdings, making the stock its 6th biggest holding. Enzi Wealth’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $12,792,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Baring Financial LLC bought a new position in shares of iShares MSCI USA Min Vol Factor ETF during the 4th quarter valued at $2,003,000. Ibex Wealth Advisors purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the fourth quarter valued at about $5,476,000. Strategic Blueprint LLC grew its stake in shares of iShares MSCI USA Min Vol Factor ETF by 24.5% during the fourth quarter. Strategic Blueprint LLC now owns 33,966 shares of the company’s stock valued at $3,016,000 after buying an additional 6,687 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 206.2% in the fourth quarter. Hantz Financial Services Inc. now owns 891 shares of the company’s stock worth $79,000 after buying an additional 600 shares during the period. Finally, Gateway Wealth Partners LLC lifted its stake in shares of iShares MSCI USA Min Vol Factor ETF by 0.6% in the 4th quarter. Gateway Wealth Partners LLC now owns 49,087 shares of the company’s stock valued at $4,358,000 after acquiring an additional 275 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

USMV opened at $91.52 on Thursday. The stock’s 50 day simple moving average is $90.98 and its 200 day simple moving average is $90.30. The firm has a market cap of $26.81 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45.

About iShares MSCI USA Min Vol Factor ETF

The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility (USD) index. The fund tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints. USMV was launched on Oct 18, 2011 and is managed by BlackRock.